Just leased a flat myself and despite being a former property & casualty insurance executive, insurance in HK is foreign to me.
What is a typical renter's package here? Cost and coverages?
My main issue is legal liability in case I do something to burn the place or my appliances cause damage versus contents insurance for my inexpensive IKEA furnishings and Fortress appliances.
I looked at on online insurer and the basic coverages were excessive to my needs as my valuable stuff is back home in Canada.
I also wonder how many tenants in HK actually get any coverage despite leases that state if we do damage due to our negligence, the landlord will pursue for their losses.